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Motor insurers urged to aim for profit
Motor insurers need to do more to improve profitability and return their collective underwriting loss back to the black.
Insurer |
24 May 2012 
Suspected bogus broker arrested
City of London Police have arrested a suspected bogus insurance broker in a raid on a Bradford home.
Broker |
24 May 2012
Post magazine - 24 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurer |
23 May 2012
Money Supermarket dominates Google search rankings a second time
Money Supermarket came top of the natural search rankings on Google searches for car, home and travel insurance for the second quarter running, online marketing solutions provider Gravytrain has revealed.
Insurer |
23 May 2012
Ombudsman blames rise in motor insurance policy complaints on recession
The 26% increase in motor insurance complaints from consumers in the past financial year is "likely to reflect the tougher economic times", according to the Financial Ombudsman Service.
Regulation |
22 May 2012
The insurance business resource library
Insurance Hound
A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis
Ombudsman reports 51% increase in PPI complaints
Complaints to the Financial Ombudsman Service about payment protection insurance increased year on year by 51%, and accounted for 60% of all new cases in 2011/2012.
Regulation |
22 May 2012
Social Media: The social media circle
With a culture of risk aversion, insurance is not a major social media player. But will the emergence of innovative German player Friendsurance change things?
Insurer |
22 May 2012
IAG mulls Equity Red Star sale as experts debate motor future at Lloyd's
With Insurance Australia Group toying with the idea of selling the largest Lloyd's motor underwriter Equity Red Star, and aggregators controlling more power in this area, the days of motor in the Lloyd's market could well be numbered.
Lloyd's/London |
22 May 2012
Editor's comment: Slow demise or new dawn?
Six years ago, the Lloyd's Motor Underwriters Association was subsumed into the overall Lloyd's Market Association – a clear signal that a once powerful force in the car insurance arena had accepted its heyday was long behind it.
Lloyd's/London |
22 May 2012
Young driver car insurance amounts to a fifth of salary
Young drivers can pay nearly 20 per cent of their annual salary in car insurance, according to Confused.com.
Broker |
21 May 2012
European risk and insurance intelligence
Insurance Insight
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
Commercial lines hurt Allianz's Q1 COR
Allianz has reported UK Q1 gross written premiums up 6.8% over same period in 2011 and a marginally worse combined operating ratio of 97.1% giving the firm its 37th consecutive quarter with a sub-100% COR.
Insurer |
18 May 2012
Williams denies Accident Exchange settlement claims
Axa boss David Williams has rubbished Accident Exchange's claim that the insurer is reluctant to reach a settlement over the use of Autofocus evidence.
Insurer |
16 May 2012
More Than issues hay fever warning
Insurer More Than has warned that hay fever causes havoc on the road and is set to reach new heights this summer.
Insurer |
15 May 2012
Expert Opinion: Whiplash - Care not cash is answer to fraud
Independent expert doctor diagnosis of whiplash will only add cost, friction and bureaucracy, says Andrew Pemberton.
Insurer |
15 May 2012
Comment: Insurers must partner with car makers to capitalise on telematics
A wait-and-see approach could cost motor brokers and insurers dear, says Ofir Eyal.
Broker |
15 May 2012
Comment
Interview
Interview: JLT's Dominic Burke - a thoroughbred performer
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
View from the top
View from the top: Airline insurance - the risk remains
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
Updating your subscription status 
Events
2012 insurance industry report: The inside track to achieving a more sustainable business
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
Work equipment risks in the UK
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
CII encourages apprenticeships with new guide
Post |
24 May 2012 
Nationwide slams CMCs as PPI wipes £103m from balance sheet
Post |
24 May 2012
Experian joins forces with Transactor
Post |
24 May 2012
Suspected bogus broker arrested
Post |
24 May 2012
Mapfre appoints Midlands boss
Post |
24 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...